“A consumer’s most important
asset is his or her income. Over a 40-year career, an individual who earns an
average of $52,000 a year would receive more than $2 million in income.
The Social Security
Administration estimates that just over 1 in 4 of today’s 20 year-olds will
become disabled before reaching age 67.1Disability can be caused by a wide
range of illnesses or injuries. It can mean several weeks of missed work for
surgery, months away after a serious injury, or a year or more for a chronic
illness.”
“Two-thirds of private sector
American workers are not covered by
employer-sponsored disability insurance against loss of income due to illness
or injury. For those covered by long-term disability insurance, benefits
typically replace 60% of an employee’s salary.”
Find out more about disability insurance at http://www.consumerfed.org/pdfs/FactSheet.CFA.UnumDisabilityInsruance.4.30.12.pdf
